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I WILL CALL THE MEETING TO[Dallas Fort Worth Avenue TIF District Board of Directors Meeting on February 26, 2026.]
ORDER.I'VE GOT FOUR OF PUBLIC COMMENTS.
SO ITEM NUMBER TWO IS PUBLIC COMMENTS PERTAINING TO ITEM NUMBER 24.
ANYONE HERE WOULD LIKE TO REMAIN PUBLIC? COMMENTS REGARD THIS ITEM? NO.
NATALIE, YOU WANNA TAKE THAT? YES, I CAN TAKE THAT.
I KNOW NUMBER THREE ON THE AGENDA IS REVIEWING CONSIDERATION OF THE MEETING RECORD FOR THE PREVIOUS MEETING.
JANUARY 8TH, 2026, FORT WORTH AVENUE, 10TH BOARD'S DISTRICT, UM, MEETING.
UM, EVERYONE SHOULD HAVE A COPY OF THE MINUTES IN THEIR PACKET.
CAN I GET A MOTION? FEW MINUTES SECONDED.
EVERYONE OKAY WITH IT? AND NO DISCUSSION? I, OKAY.
WE'RE OKAY WITH IT TO MOVE ON? YEAH.
A, YOU READY? BRIAN? FOUR ITEM FOUR.
YOU OKAY? I CAN READ IT FOR US.
SHOULD WE READ IT? YEAH, YOU CAN READ IT IN THE RECORD.
AGENDA ITEM FOUR, REVIEW AND CONSIDER ONE.
A REQUEST BY DALLAS FIRE RESCUE IN AN AMOUNT NOT TO EXCEED 7,681,000 FROM EXISTING FORT WORTH AVENUE T DISTRICT FUNDS TO SUPPORT THE FIRE STATION 45 RELOCATION AND REDEVELOPMENT PROJECT, SPECIFICALLY INCLUDING THE ACQUISITION OF APPRO, APPROXIMATELY 36,685 SQUARE FEET OF COMMERCIALLY IMPROVED LAND ADDRESSED AS 2 2 2 2 SYLVAN AVENUE.
THE PROPERTY DEMOLITION OF EXISTING PROPERTY IMPROVEMENTS, INSTALLATION OF SECURITY FENCING FOR THE PROPERTY AND PROFESSIONAL DESIGN SERVICES FOR A NEW FIRE STATION 45 ON THE PROPERTY.
AND TWO, A FINDING THAT THE DEDICATION OF TIF DISTRICT FUNDS TO SUPPORT THE PROJECT IS NECESSARY AND CONVENIENT TO THE IMPLEMENTATION OF THE FORT WORTH AVENUE TIF DISTRICT PROJECT PLAN AND REINVESTMENT ZONE FINANCING PLAN.
SHOULD I TAKE IT AWAY? YEAH, YOU CAN TAKE IT AWAY.
BUT WE DO HAVE NO REASON BEFORE YOU WALK
SO, I'M KEVIN, I'M THE DIRECTOR OF THE OFFICE ECONOMIC DEVELOPMENT.
THANKS FOR, UH, BEING HERE THIS AFTERNOON.
UM, WHAT I'LL WALK THROUGH IS THE NUMBER OF SLIDES THAT HAD A BIG GROUP PACKET THAT, UM, DESCRIBE WHAT WE'RE PROPOSING TO DO.
THIS IS SOMETHING THAT WE'VE BEEN WORKING, WORKING ON FOR MORE THAN TWO YEARS, ACTUALLY QUIETLY BEHIND THE SCENES.
BUT IT DID GET INITIATED, UM, IN 2023 WHEN THE BOARD AND THE CITY COUNCIL APPROVED AMENDMENTS TO THE PROJECT PLAN FOR THIS DISTRICT.
SO I'LL START WITH THIS SLIDE.
SO WE'RE HERE TO TALK ABOUT FIRE STATION 45.
UM, WE HAVE TWO REPRESENTATIVES OF DALLAS FIRE RESCUE WITH US TODAY, AND THEY WILL BE, UH, WE'LL HAVE A CHANCE TO TALK ABOUT THE EXISTING FIRE STATION AND WHAT THIS PROJECT WILL MEAN FOR THEM.
UM, BUT BEFORE I DO, JUST GO INTO A BRIEF OVERVIEW OF HOW OLD FIRE STATION 45 IS.
HOW SMALL IT IS, HOW, UM, VERY MUCH IN NEED OF REPLACEMENT IT IS.
SO THE 66 YEARS OLD OPENED IN 1959, VERY UNDERSIZED, FUNCTIONALLY OBSOLETE, DOESN'T HAVE ADEQUATE BANK CAPACITY.
UM, ALL THESE THINGS LISTED ON THE SCREEN HERE.
SIGNIFICANT LIFE SAFETY AND CODE DEFICIENCIES.
NO SPRINKLER OR ALARM SYSTEMS. NO.
A DA COMPLIANCE, LACK OF GENDER SEPARATED FACILITIES, OUTDATED ELECTRICAL, NO DECONTAMINATION ZONE.
UM, LOTS OF FOLKS YOU GUYS WORK OUT IN THE, IN THE BAY, RIGHT? YOU KNOW, DEPENDS ROOMS, THERE'S NO, NONE OF THE MODERN AMENITIES OF A FIRE STATION, OBVIOUSLY.
UM, ALSO PART OF THE WAY IT'S CONFIGURED NOW IS THEY HAVE TO BACK THE APP, THE APPARATUS IN FROM THE STREET, WHICH BLOCKS THE STREET FOR ANOTHER PERIOD OF TIME.
SO ALL THE NEW FIRE STATIONS, THEY'RE TRYING TO FIGURE OUT A WAY TO, UH, DO PULL THROUGH, UH, MANEUVERING.
AND SO, UH, THIS FIRE STATION WAS INCLUDED IN THE DISCUSSION OF, UH, UH, THE 2024 GENERAL OBLIGATION BOND PROGRAM, BUT IT DID NOT MAKE THE CUT, RIGHT, IT DID NOT GET ALLOCATED FOR FUNDING FOR REPLACEMENT.
SO I'LL TURN IT OVER TO CHIEF SALAZAR TO MAYBE TALK
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A LITTLE BIT MORE ABOUT THE, THE STATUS OF THE VISITING STATION AND MAYBE A LITTLE BIT OF BACKGROUND, IF YOU REMEMBER, ON WHY IT DIDN'T MAKE THE CUT IN THE BOND PROGRAM.BUT WE'RE HERE TODAY BECAUSE IN MISSION, RIGHT AFTER THE BOND PROGRAM WAS APPROVED BY THE VOTERS AND THIS PROJECT WASN'T IN IT, WE STARTED A CONVERSATION WITH THE COUNCIL MEMBER ABOUT HOW TO MOVE TOWARDS A POSSIBLE REPLACEMENT INVOLVING TWO DISTRICT FUNDS.
UH, DANIEL SALAZAR, SYSTEM CHIEF OF GOLF FIRE RESCUE, UH, RELATED TO STATEMENT 45, THE 2024 BOND PROGRAM.
THE FIRE DEPARTMENT WAS AS TO PRIORITIZE THEIR, UH, INVENTORY, THEIR NEEDS AS IT RELATES TO GETTING THINGS, UH, UH, ON THE, FOR THE ELECTION TO BE CONSIDERED ON THE COMPANY TODAY BY, UH, SCOTT ENDING.
SO HE HELPS, UH, WORKS CLOSELY WITH ME.
HE'S OUR FACILITY SUPERINTENDENT.
SO HE IS, UH, PRETTY INVOLVED WITH THE ISSUES WITH THE STATION 45, WITH THE 2024, UM, PROGRAM.
AND WE DID RECEIVE FUNDING TO REPLACE STATION 43, WHICH IS, UH, IN WORSE CONDITION THAN STATION 45.
STATION 45, AS KEVIN MENTIONED, IS A SMALL, UH, FIRE STATION THAT WAS BUILT 1959.
BACK THEN, THERE WAS NO CONSIDERATION ABOUT, UH, MALES AND FEMALES WORKING AS FIREFIGHTERS AT THE STATION.
SO RIGHT NOW IT'S A SITUATION WITH OLDER FIRE STATIONS WHERE IF A FEMALE WANTS TO USE RESTROOM, UH, OR IF SHE WANTS TO TAKE A SHOWER, SHE LOCK EVERYBODY OUT.
AND THAT'S A BIG INCONVENIENCE FOR US.
ALSO, UH, FIREFIGHTERS, WE HAVE A HIGHER INCIDENCE, UH, FOR CANCERS AND, UH, EXPOSURE TO CARCINOGENS AT THE FIRE STATION.
UH, WE DECONTAMINATE OURSELVES WITH THE CLOTHING TAKING SHOWERS.
THE MODERN, MODERN FIRE STATIONS ARE BUILT WITH DECONTAMINATION ZONES TO, UH, PREVENT THE INTRODUCTION OF THESE CARCINOGENS INTO THE LIVING AREAS OF THE FIRE STATION.
SO THAT'S SOMETHING THAT, UH, WE WILL LOOK FORWARD TO WITH THE MODERNIZED AND NEW FIRE STATION.
UH, 45, ALSO THE PULL THROUGH STATION 45, I WORKED AT THAT STATION SEVERAL TIMES, BUT, YOU KNOW, WE HAVE TO BACK THE EQUIPMENT INTO THE FIRE STATION DAYS.
WE ACTUALLY HAVE TO STOP ALL THE TRAFFIC ON COMMERCE STREET AND THAT BUZZES SENSOR RISK AND HAZARD FOR THE FIREFIGHTERS WITH THE PULL THROUGH AND CONFIGURATION, YOU KNOW, WE JUST CLOSED STRAIGHT INTO THE
THAT'S HELPFUL, HELPFUL FOR US.
THESE OLDER FIRE STATIONS ALSO, THEY WERE CONSTRUCTIVE WITH THE ASBESTOS AND SOME OF THE CONSTRUCTION MATERIALS.
WE HAVE WORKED THE BUILDING SERVICES BACK IN THOSE BUILDING SERVICES AND CONTRACTORS TO DO SOME MOLD, I'M SORRY, SOME ASBESTOS REMEDIATION.
UH, BUT THE FIRE STATION, EVEN AFTER THAT WORK, WE, WE STILL HAVE ASBESTOS, LIKE IN THE
UH, BUT, YOU KNOW, I THINK OVER TIME WITH FIELD TRAFFIC, YOU KNOW, THAT WOULD POSE AS A HAZARD FOR THE FIREFIGHTERS JUST EXPOSURE TEST
BUT THIS FIRE STATION'S DEFINITELY UNDERSIZED, UH, FOR US.
UH, WE DEFINITELY LOOK FORWARD TO HAVING A LARGER FIRE STATION.
WE COULD ALSO ADD EQUIPMENT TO BASE SPACE IS, IS REALLY SMALL, BUT WE COULD DOUBLE STACK AMBULANCES THERE.
WE COULD PUT SPECIALIZED EQUIPMENT TO BASIC, ESSENTIALLY PROVIDE BETTER PUBLIC SAFETY TO THE CITIZENS OF COSTEL.
SO WE'RE JUST HAMSTRUNG WITH THE CURRENT CONFIGURATION.
ALRIGHT, WE'LL MOVE ON TO SLIDE FIVE.
SO, LIKE I SAID BEFORE, AFTER THE BOND IN MAY OF 2024, UH, WE HAD, WE STARTED A CONVERSATION WITH THE COUNCIL MEMBER, PREVIOUS COUNCIL MEMBER, UM, ABOUT HOW OUR OFFICE COULD COLLABORATE WITH FIRE RESCUE TO EVALUATE SITES.
UM, AND SO THAT'S WHAT WE STARTED DOING.
WE, WE STARTED WITH, UH, YOU KNOW, THAT THE, THE FIRE DEPARTMENT HAS, UM, CRITERIA, LOCATIONAL CRITERIA.
THEY USED TO EVALUATE, UH, POTENTIAL SITES.
AND SO WE TAKE THAT CRITERIA AND WE MAP IT AND WE FIGURE OUT WHAT'S AVAILABLE AND WHAT'S POSSIBLE.
AND I THINK WE LOOKED AT MAYBE A 30 OR 40 POTENTIAL LOCATIONS.
UM, AND THEN WE, WE WORKED WITH THE FIRE DEPARTMENT TO BOIL IT DOWN TO, YOU KNOW, LIKE THE TOP FIVE POSSIBLE LOCATIONS.
AND ULTIMATELY IN LATE 2025, THEY CAME TO THE CONCLUSION THAT RIGHT NEXT TO DOOR TO THEIR EXISTING LOCATION IS THE BEST, UH, OPPORTUNITY.
UH, AND WE'LL TALK A LITTLE BIT ABOUT THE SITE HERE IN A SECOND, BUT, UM, SO, UH, TWO MONTHS AGO, THE CITY'S FACILITIES AND REAL ESTATE TEAM MADE AN OFFER, UM, 5.1 MILLION TO
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THE OWNER OF THIS PROPERTY AT 20 22 2 2 2 SYLVAN AVENUE.UM, AND THIS IS, THAT OFFER IS BASED ON AN INDEPENDENT FAIR MARKET VALUE APPRAISAL, WHICH IS REQUIRED BY THE CITY'S, UH, POLICIES.
SO A LITTLE BIT ABOUT THE PROPERTY TO BE REQUIRED.
IT'S UNDER AN ACRE, UH, RIGHT IMMEDIATELY ADJACENT TO FIRE STATION 45.
SO FIRE STATION 45 ON THIS MAP IS THE RED SQUARE, UH, SITE TO BE ACQUIRED AS THE GREEN RECTANGLE.
THE CURRENT ZONING IS, UH, PD SEVEN 14 AND FIRE STATIONS ARE ALLOWED BY, RIGHT? SO, UH, ASSUMING WE DO MOVE FORWARD WITH THIS ACQUISITION AND ULTIMATELY CONSTRUCT A NEW FIRE STATION ON THE PROPERTY, WE WOULDN'T REQUIRE, UH, NEW ZONING CHANGE OR A SPECIFIC USE PERMIT.
UM, LIKE I SAID, IT'S IN THE TIP DISTRICT.
UH, IT HAS A VERY TINY CERTIFIED VALUE ON THE TAX ROLLS, 1.1 MILLION.
HERE'S A QUICK MAP SO YOU CAN SEE HOW IT SETS UP.
UH, FIRE STATION 45 CURRENTLY, UM, UH, GO BACK, GO BACK, SORRY.
UM, AND SO YOU CAN SEE THIS, THE, THE THINKING IS THAT THE BUILDING WOULD BE DEMOLISHED AND ULTIMATELY EVEN EVANSTON AVENUE, THIS LITTLE STREET BEHIND IT WOULD POSSIBLY BE ABANDONED, UH, BECAUSE THE PROPERTY ITSELF DOESN'T APPEAR TO TAKE ACCESS OFF OF IT ANYWAY.
UH, AND SO THAT WOULD, UH, ENABLE THE FIRE DEPARTMENT TO CONSOLIDATE THE PROPERTY IN GREEN, THE PROPERTY IN RED, UH, AND THE ABANDONED RIGHT OF WAY IN BETWEEN.
UM, AND THAT IS A SUFFICIENT SIZE FOR THEM TO PUT A NEW FIRE STATION THAT WOULD ENABLE PULL THROUGH ACCESS.
YOU KNOW, THEY COME THROUGH THE BACK.
SO THE THINKING IS A FIRE STATION THAT OPTIMIZE BOTH PROPERTIES.
YEAH, I MEAN, WE'RE GONNA TALK ABOUT DESIGN.
WE HAVEN'T STARTED YET, BUT YES, CONCEPTUALLY THAT'S, AND EVEN, UH, MAYBE JUST LEAVING THE BACK AS PARKING, RIGHT? ULTIMATELY THE EXISTING STATION WOULD BE DEMOLISHED AND THAT WOULD BE THE PARKING.
UM, SO THIS IS HOW IT SETS UP.
SO THE PROPERTY WOULD BE ACQUIRED IS, UH, 10,757 SQUARE FOOT.
ONE STORY BUILDING, UM, DATING BACK TO 1977.
IT IS CONCRETE TILT, TILT WALL CONSTRUCTION, UM, FLAT METAL ROOF REINFORCED CONCRETE FOUNDATION.
IT IS EXTERIOR WALLS OR CONCRETE.
AND EFIS, UH, HAS SOME NEW GLASS STOREFRONTS THAT WERE INSTALLED BY THE CURRENT OWNER IN 2023.
UM, ALL THE MECHANICAL ELECTRICAL, PLUMBING, AS FAR AS WE CAN TELL, ARE DATED, BUT SERVICEABLE, UM, HAS NO FIRE PROTECTION SYSTEMS, UM, 51 SPACES IN THE PARKING LOT, BUT IT IS COMPLETELY 100% VACANT.
THERE'S NOBODY OCCUPYING THE BUILDING.
UM, AND IT'S BEEN THAT WAY FOR SEVERAL YEARS.
UM, SO BEFORE WE MOVE ANY FORWARD, YOU SEE THAT THIRD BULLET.
SO WE WERE, WE HAVE BEEN WORKING WITH OUR REAL ESTATE FOLKS TO DO ALL THE DUE DILIGENCE, UH, INCLUDING, UH, CONFERRING WITH OUR OFFICE OF ENVIRONMENTAL QUALITY.
SO WE DO HAVE FIELD NOTES, WE DO HAVE A SURVEY.
WE DO HAVE A PHASE ONE ENVIRONMENTAL SITE ASSESSMENT.
WE ARE IN THE PROCESS OF GETTING AN ASBESTOS AND LEAD-BASED PAINT SURVEY INSIDE THE BUILDING.
SO MOST OF THE DUE DILIGENCE IS ALREADY DONE, UH, SO FAR ON THE ENVIRONMENTAL, NOTHING OF OF CONSEQUENCE, YOU KNOW, NOT, NOT ANYTHING TO BE CONCERNED ABOUT UNDER THE GROUND.
UM, BUT THE BUILDING ITSELF DOES PROBABLY HAVE SOME RESIDUAL ASBESTOS AND LEAD-BASED PAIN THAT WILL BE DEALT WITH DURING DEMOLITION.
SO, JUST A REMINDER ABOUT, UH, THE, THE TIP DISTRICT'S PROJECT PLAN AND REINVESTMENT ZONING FINANCING PLAN.
UH, THE BOARD AND THE CITY COUNCIL APPROVED AMENDMENTS BACK IN 2023, A NUMBER OF DIFFERENT AMENDMENTS, BUT ONE OF THOSE AMENDMENTS, UM, RESULTED IN THE REALLOCATION OF MORE BUDGET FUNDING CAPACITY TO SUPPORT DISTRICT-WIDE INITIATIVES, INCLUDING SUBSTANTIAL PUBLIC INFRASTRUCTURE AND PUBLIC FACILITIES NEEDS.
AND THE PLAN ALSO SPECIFICALLY MENTIONS PUBLIC FACILITIES SUCH AS FIRE STATIONS, AS ELIGIBLE DISTRICT-WIDE IMPROVEMENTS.
UM, AND SO THE PLAN AMENDMENTS FROM 2023 ARE, AT THAT TIME WE SORT OF KNEW THAT WE MIGHT NEED TO DO FIRE
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SPACE, GET INVOLVED IN FIRE STATION, UH, REPLACEMENT WITHOUT HAVING KNOWN THAT THE 2024 BOND PROGRAM WAS GONNA, YOU KNOW, LEAD THIS PROJECT, THIS PROPERTY OUT.SO THE PRO PROPOSED PROJECT IS TO CLOSE ON THE ACQUISITION, UM, SOMETIME IN APRIL.
THE SELLER DID ACCEPT THE OFFER IN JANUARY AND IS, UH, VERY, UH, ANTSY ABOUT CLOSING AND WANTS TO CLOSE AS SOON AS POSSIBLE.
UH, CERTAINLY UNDERSTANDS THE CITY HAS A PROCESS AND POLICIES THAT WE MUST FOLLOW.
UM, IMMEDIATELY AFTER WE ACQUIRE THE PROPERTY, WE WOULD DEMOLISH THE EXISTING BUILDING AND INSTALL A PERIMETER SECURITY FENCE.
AND THEN WE WOULD START THE PROCESS OF COORDINATING WITH THE OFFICE ON AND CONSTRUCTION MANAGEMENT FOR PROCUREMENT OF PROFESSIONAL DESIGN SERVICES TO START THE ACTUAL DESIGN OF THE NEW REPLACEMENT STATION.
SO, THE BREAKDOWN OF THE FUNDING REQUESTS IS AN AMOUNT NOT TO EXCEED 7,681,000 FROM FORT WORTH AVENUE TO DISTRICT FUNDS.
UM, AND THE BREAKDOWN OF THOSE FUNDS IS AS FOLLOW.
SO THAT INCLUDES THE PURCHASE PRICE OF 5.1 MILLION AND A NOT TO EXCEED OF 26,000 FOR CLOSING COSTS, UH, UP TO $50,000 FOR DEMOLITION OF THE EXISTING PROPERTY, UP TO $5,000 FOR THE SECURITY FENCE.
AND THEN UP TO TWO AND A HALF MILLION FOR PROFESSIONAL DESIGN SERVICES.
SO THAT WOULD INCLUDE ARCHITECT CODE OR MEETING NUMBER FOLLOWED BY POUND, UH, GEOTECH, UH, PLAN REVIEW PERMITTING, UM, SOME CONTINGENCY IN THE DESIGN ADMINISTRATIVE IF YOU NOT.
HEY, CAN YOU MUTE YOURSELF PLEASE? BEING RECORDED.
AND I WAS TRYING TO DO, IT'S NOT OPEN ENOUGH FOR, ALL RIGHT, LET'S KEEP GOING.
SO OFFICE OF BOND MANAGEMENT CONSTRUCTION WOULD MANAGE THE DESIGN PROCESS, AND THEY DO THIS, TYPICALLY THIS IS A STANDARD PROCESS AND THEY DO CHARGE FEE TO ALL THE OTHER DEPARTMENTS THAT USE THAT SERVICE.
SO IT'S, THIS IS A STANDARD INTERNAL THING THAT, UM, THEY DO HAVE A FEE THAT WILL BE IN.
SO AGAIN, THIS IS THE OFFICIAL MOTION THAT WE WOULD BE REQUESTING APPROVAL OF.
IT'S THE APPROVAL OF FORWARDING OF A RECOMMENDATION TO CITY COUNCIL, UM, FOR REQUEST BY DALLAS FIRE RESCUE, AN AMOUNT NOT TO SEEK 7,000,680 A THOUSAND FROM EXISTING FORT WORTH AVENUE DISTRICT FUNDS SUPPORT FIRE STATION 45 RELOCATION REDEVELOPMENT PROJECT, INCLUDING THE ACQUISITION OF THE, UH, 36,685 SQUARE FEET AT 2 2 2 2 SILL, 2 2 2 2 SYLVAN AVENUE.
UM, AND THE DEMOLITION OF THE EXISTING PROPERTY IMPROVEMENTS AND THE INSTALLATION OF SECURITY FENCING AND THE PROFESSIONAL DESIGN SERVICES.
AND A FINDING THAT THE DEDICATION OF DISTRICT FUNDS TO SUPPORT THE PROJECT IS NECESSARY AND CONVENIENT TO THE IMPLEMENTATION OF THE TIP DISTRICT'S PROJECT PLAN AND FINANCING PLANS.
SO UNDER STATE LAW THREE 11 OF THE TAX CODE, WHICH GOVERNS TAX INCREMENT FINANCE, UM, THIS LANGUAGE IS, IS REQUIRED.
AND IT'S A FINDING THAT'S REQUIRED SO THAT, UH, THE BOARD, UH, OFFICIALLY DECLARES THAT THIS FUND, THESE FUNDS ARE NECESSARY AND CONVENIENCE PLAN FOR THE DISTRICT.
SO ON MONDAY, ASSUMING THE BOARD FAVORABLY, UH, APPROVES AND RECOMMENDS IT MOVING ON TODAY, IT, ON MONDAY, IT WILL MOVE TO THE ECONOMIC DEVELOPMENT COMMITTEE OF CITY COUNCIL.
AND THEN THE FOLLOWING DAY ON TUESDAY, IT WILL ALSO MOVE TO THE PUBLIC SAFETY COMMITTEE OF CITY COUNCIL.
UM, THAT IS NOT TYPICAL, BUT BECAUSE OF THE UNIQUE SITUATION IN WHICH WE FIND OURSELVES, WHERE THE FUNDING IS COMING THROUGH ONE DEPARTMENT AND DFR IS THE REQUESTING DEPARTMENT AND THE, THE BENEFICIARY OF THE PROJECT ITSELF, IT'LL GO TO TWO COMMITTEES.
SO BEFORE IT EVER GETS TO CITY COUNCIL, ALMOST THE ENTIRE CITY COUNCIL WILL HAVE ALREADY SEEN THIS.
UM, SO ASSUMING THAT BOTH COMMITTEES FAVORABLY KEEP MOVING, KEEP IT MOVING, THAT IT'LL REACH CITY COUNCIL EITHER MARCH 25TH OR APRIL 8TH.
AND THAT IS DEPENDING ON, UH, HOW LONG IT TAKES TO FINISH THE FINAL DUE DILIGENCE ACTIVITIES.
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SECOND TO LAST BULLET THERE.PRIOR TO CLOSING, WE WILL MAKE ARRANGEMENTS TO COMPLETE THE DUE DILIGENCE AND ARRANGE FOR THE DEMOLITION AND INSTALLATION OF THE SECURITY FENCING.
WE DO ALREADY HAVE MASTER SERVICE AGREEMENTS FOR THOSE ITEMS, AND SO THERE'S NOT A NEED TO GO OUT AND PROCURE THOSE SERVICES.
THERE IS AN EXISTING AGREEMENT
UM, AND THEN THE FINAL BULLET AFTER CLOSING, WE WOULD BEGIN TO COORDINATE BOND OFFICE TO START PROFESSIONAL DESIGN SERVICES, ACTUALLY PROCURE THOSE SERVICES.
UM, PROCURING THE DESIGN SERVICES IS LIKELY TO TAKE, I WOULD ESTIMATE A YEAR, YOU KNOW, IT'S, IT'S SIX TO NINE MONTHS TO ACTUALLY PUT OUT A BID FOR DESIGN AND THEN GET IT, YOU KNOW, EVALUATED AND RECOMMENDED AN ON ACCOUNTS AGENDA FOR AN AWARD.
UM, AND THEN I WOULD ESTIMATE ABOUT 12 TO 18 MONTHS FOR DESIGN, MAYBE LONGER.
UM, AND SO 18 TO 24 MONTHS IS FAIRLY TYPICAL, UH, FOR DESIGN.
AND THEN AS SOON AS THE DESIGN IS FINISHED, THEN WE WOULD HAVE, UH, A VERY VALID OPINION OF PROBABLE COST FROM AN ARCHITECT AND AN ENGINEER, BUT WE WOULDN'T KNOW WHAT, WHAT IT WOULD COME IN THAT BID, RIGHT? SO WE WOULD GO OUT TO BID WITH THE FINAL DESIGN AND THEN SEE WHAT IT WOULD COST TO ACTUALLY CONSTRUCT IT.
YOU KNOW, THAT PUTS US OUT TO 2028 ISH TIMELINE, AND THAT'S ABOUT THE TIME THAT THE CITY WILL PROBABLY BE LOOKING AT PUTTING TOGETHER THE NEXT MONTH PROGRAM.
UM, AND SO, SO THAT IS THE LIKELY SCENARIO IN MY MIND, IS THAT WE FINISHED DESIGN AND THIS MAKES IT TO THE TOP OF THE LIST FOR THE NEXT BOND PROGRAM.
UM, AND OR THIS TIP DISTRICT MAY BE ASKED, YOU KNOW, IN THE LAST FEW YEARS OF ITS EXISTENCE, HELP CONSTRUCTED PAPER CONSTRUCTION, BUT YOU NEVER KNOW, YOU KNOW, THAT'S, THAT'S TWO OR THREE, FOUR, 3000.
SO RIGHT NOW WE'RE JUST TRYING TO TAKE STEP ONE, WHICH IS GET THIS, THIS PROPERTY ACQUIRED AND SET US ON A PATH TO DESIGNING A NEW REPLACEMENT STATION.
SO WITH THAT, I'LL STOP AND WE CAN, I'LL TAKE QUESTION JUST AT THAT, UH, HOME THAT, UH, THAT'S THE PRIORITY.
YOU CAN HAVE SOME OLDER FIRE STATIONS, 20 TWOS
THAT'S A PRETTY OLD FIRE STATION STATION 31 OR OFF OF CARLAND ROAD CLOSE TO BLACKROCK LAKE.
THAT'S A PRETTY OLD TWO STORY FIRE STATION.
WE TRY TO SAFE WAY FROM TWO STORY FIRE STATIONS AS, AS MUCH AS POSSIBLE JUST BECAUSE OF, UH, SAFETY IMPLICATIONS.
AND WE'VE GOT SOME FIRE STATIONS THAT HAVE SOME SERIOUS FOUNDATION SETTLEMENT ISSUES.
NOT THIS ONE, BUT SOME OTHER STATIONS.
UH, AND THE NEW FIRE STATIONS ALSO SOME SAFETY FEATURES.
UM, THE CONSTRUCTION, UH, WE HAVE BULLET RESISTANT GLASS THAT EVEN INSTALLED AT THE FRONT OF THE FIRE STATION BECAUSE WE HAVE SOME, HAD HAD SOME FIRE STATIONS THAT HAVE BEEN SHOT INTO.
AND ALSO WE HAVE LOST, UH, TWO FIRE STATIONS BECAUSE OF THE BAD WEATHER OVER THE LAST, UH, EIGHT YEARS OR SO.
I GUESS A TORNADO FROM 2018 DESTROYED STATION 40, UH, ONE IN NORTH DALLAS.
AND THEN, IF YOU RECALL, A FEW YEARS AGO, WE HAD THE CRANE COLLAPSE IN DOWNTOWN DALLAS.
SO THAT DESTROYED STATION 19 IN EAST DALLAS OFF OF, UH, GRAND AVENUE.
SO BY THE LATINO, THOSE WERE CENTER, WELL, I REMEMBER, YEAH.
SO THE FEW FIRE STATIONS WERE ALSO INCLUDING, UM, JUST LIKE A TORNADO SHELTER, AND IT'S, EVERYTHING'S ABOVE GROUND BECAUSE IN THE PAST WE USED TO HAVE FALLOUT SHELTERS, WE HAD LEAKAGE ISSUES, WE HAD MOLD AND ALL THAT STUFF.
SO BASICALLY, ESSENTIALLY WE JUST HARDENED THE WALL.
SO THERE FOR FIREFIGHTERS ARE KEPT SAYING IF WE SHOULD HAVE A TORNADO, AND THIS STATION LACKS ALL THESE SAFETY FEATURES.
ANY QUESTIONS? YEAH, NOW WE'RE OPEN FOR QUESTIONS REGARDING HERE IN PERSON OR ONLINE.
DID YOU SAY YOU HAVE SIGNED, UM, AGREEMENTS FOR THE DEMOLITION? WE HAVE MASTER SERVICE AGREEMENTS.
THOSE ARE BASED ON ACTUAL ESTIMATES FROM THE ACTUAL MASTER SERVICE AGREEMENTS.
UM, CAN YOU EXPLAIN THE APPRAISAL PROCESS AND THIS LIKE PRICE NEGOTIATION, 5.1 SEEMS PRETTY SPEED.
WELL, I, WE DON'T HANDLE THAT, BUT, UH, THE POLICY GENERALLY IS WE CANNOT OFFER ANYTHING MORE THAN FAIR MARKET VALUE AS A TURBINE BUYING INDEPENDENT APPRAISAL.
WE HAVE AN APPRAISAL, INDEPENDENT APPRAISAL THAT SAYS 5.1.
THAT'S WHAT THE FACILITIES AND REAL ESTATE TEAM OFFERED.
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THE, I'M AWARE OF THE SELLER HAVING ENCOUNTERED AT A HIGHER NUMBER, AND WE HAVE FIRM AT FAIR, WHICH WE CAN'T GET ANY HIGHER FAIR MARKET VALUE.SO WILL YOU BE SENDING THAT NUMBER TO DECAF? IT SAYS TAX EXAMINERS.
OH, YEAH, THE PREVIOUS NUMBER SO THAT THE PREVIOUS TAXES CAN BE, I MEAN, CLEARLY THE SECOND WE ACQUIRE IT WILL BECOME TAX EXAMINERS IS TRUE.
WE CANNOT PAY MORE THAN FAIR MARKETING VALUE BASED ON AN APPRAISAL, RIGHT? NO, I I GUESS MY, MY, MY GOOGLE HERE IS, OH, WE'RE OVERPAYING.
YEAH, MAYBE WE ARE, BUT WE NO, I, I UNDERSTAND WE NEED THE PROPERTY.
UM, UM, YOU KNOW, I, I'M AWARE OF THE HISTORY OF IT.
I THINK THE CURRENT OWNER PURCHASED IT AT FOUR AND A QUARTER THREE YEARS AGO AND PUT 600,000 INTO IT.
HE GOT IT FOR FOUR, 4.52 IN 2023.
I ALSO WAS LIKE, MAN, 5.1, BUT I MEAN, AND THEN WHEN YOU BREAK IT DOWN AS A PRICE PER SQUARE FOOT ACQUISITION, IT'S, IT'S NOT SO AWFUL.
SO IF THAT MAKES ANYBODY FEEL BETTER, UM, WE JUST, I WOULD SAY WE
I MEAN, MAYBE YOU WOULDN'T, BUT WE AS A CITY, WE, YOU KNOW, WE CANNOT USE SOME OTHER TACTICS AND METHODS.
WE, WHEN WE COME TO THIS, WHEN WE COME AND MAKE AN OFFER AS A CITY, WE HAVE NO LEVERAGE TO NEGOTIATE.
WE DON'T, WE DON'T HAVE A STRAW MAN.
THEY KNOW WE'RE COMING, COMING
UM, DO WE KNOW CONSTRUCTION IS THE OTHER FUNDED? I JUST SAID THAT WE DON'T KNOW.
I MEAN, WE DON'T KNOW WHAT IT WILL COST.
I MEAN, WHAT'S THE AVERAGE COST OF A FIRE STATION OF THIS, OF THAT SIZE? MAYBE 12 TO 14? YES.
SO THE TIMING SHOULD WORK OUT THAT IT WOULD BE READY FOR THE NEXT BOND PROGRAM.
THAT'S THE LIKELY SCENARIO THE DISTRICT MAYBE HAVE TO HELP, YOU KNOW, WE DO, IT'S THE LIKELY SCENARIO TOO, IF THERE ARE NO OTHER, AND IF THE FUNDS ARE YEAH.
INSTRUCTION US ALL SORT, YOU KNOW, SO YOU, YOU TALK ABOUT THE 2.5 MILLION FOR PROFESSIONAL SERVICES.
SO THAT'S LIKE ALMOST 10% OF YOUR CONSTRUCTION COSTS SEEMS PRETTY HIGH EXPECTED.
IT'S PROBABLY GONNA BE 10 TO 15 TO STANDARD SOFT COSTS FOR ALL IN AND FOR ARCHITECTURE ENGINEERING, ADMINISTRATIVE FEES OF OUR OWN BOND PROGRAM OFFICE.
UM, AND IT HAS A LD CONTINGENCY BUILT IN.
SO WE WILL PROCURE AN ACTUAL, THERE WOULD BE A CONTRACT THAT WILL BE AWARDED BY COUNCIL.
THIS ITEM JUST IS THE FUNDING THAT THE BOND OFFICE WOULD USE TO GO AWARD A CONSTRUCT, I MEAN A ENGINEERING CONTRACT.
AND WHAT, WHAT PORTION THE, LIKE, CAN YOU GIMME AN ESTIMATE AS TO LIKE WHAT THE BUDGET, THE INTERNAL BUDGET COST IS AS PART OF THAT 2.5 MILLION? LIKE THE BREAKDOWN? YEAH, I I I'M EXPERIENCE TO KNOW LIKE, IS IS 1 MILLION FOR THE ARCHITECT AND ONE NO, THE BULK OF IT IS FOR THE ARCHITECT.
UM, UM, WHY DEMOLISH THE BUILDING IMMEDIATELY? GREAT QUESTION.
BECAUSE HAVE YOU SEEN THE HEADLINES LATELY? WE DON'T MANAGE EXISTING BANK THE BUILDING VERY WELL.
THAT'S SO FINDING YOU DON'T CRAP BREAKING WINDOWS MOVING IN.
IS IT GONNA BE A FENCED IN VACANT LOT FOR TWO YEARS NOW THAT DRIVE BY EVERY DAY? YES.
LIKE THEY BAD THEY MIND DRIVE BY IT.
DON'T WONDER WHY PEOPLE IN YET, BUT DOESN'T HELP BEAUTIFY THE DISTRICT AT ALL.
SO THE, THE FACILITIES, IT DOESN'T GET FUNDED AFTER THAT.
AND NOW WE'RE SITTING HERE WITH LOT.
IT'S AN EMPTY BUILDING RIGHT NOW.
I MEAN IT IS, YOU KNOW, IT IS A TRADE OFF.
BUT THE, THE REALITY IS THE BUILDINGS THAT THE CITY OWNS, YOU KNOW, SOME OF THESE DOWNTOWN THAT, UM, WE JUST HAVE THE PROPERLY SECURE AND THEY BECOME, I MEAN, WE'LL MAKE A PUSH THROUGH THE ON TO MOVE THIS UP, ESPECIALLY WITH THIS LAND ACQUISITION.
I MEAN, THAT'S DEFINITELY GONNA BE A PUSH FOR US.
NOW, WE DID DO QUITE BIT OR EXTENSIVE THAT KIND
[00:30:01]
ANALYSIS OF DIFFERENT, UH, SIDES, BUT THAT'S AN OPTIMAL SIDE FOR US.SO THAT, UH, WE'RE NOT, UH, HAVING RESPONSE TO LEGS TO ALL THE AREAS WE'RE USED TO GOING TO.
SORRY, I WAS GONNA ADD, SO THE, WHAT'S UNIQUE ABOUT THIS IS THAT BECAUSE THE EXISTING STATION IS RIGHT NEXT DOOR, DFR HAS AGREED TO TO BE THE EYES AND EARS FOR THE SITE.
LIKE THEY'LL, THEY'LL DO THE TRASH PICKUP, THEY'LL MOW THE WEEDS AND YOU KNOW, SO THE GUYS LIVING RIGHT NEXT DOOR WILL KEEP A WATCHFUL EYE ON THE PROPERTY.
YOU MADE A REALLY COMPELLING CASE AS TO WHY THIS FIRE STATION NEEDS TO BE REPLACED.
I MEAN, IT'S OLD, IT'S LEAKING, IT'S SMALL.
DO YOU THINK THAT HAVING THE TIF BE AVAILABLE TO FUND THINGS LIKE THIS KEPT IT OFF THE BONDS LIST SO THAT THE TIFF COULDN'T FUND IT? NO.
WHY DID IT MAKE IT? IT WAS, IT WAS BASED ON THE NEEDS THAT WERE HIGHER NEEDS.
BUT THAT, THAT WAS NOT IN THE BACK PART OF MIND.
NOTHING THAT'S MATTER OF YOUR MIND, BUT THERE'S NO GUARANTEES.
THERE'S NO GUARANTEE THAT IT'S GONNA YEAH, I'M SAYING, YOU KNOW, THE TIP FUND BEING HERE, IT'S TAKING AWAY FROM OTHER POTENTIAL USES.
BUT IT WAS, NO ONE WHO WAS IN THAT DECISION MAKING PROCESS WOULD'VE KNOWN THAT, THAT THE TIP WAS AVAILABLE.
THERE WERE LOTS OF APPOINTED PEOPLE.
WE CAN'T GUESS AS TO WHAT PEOPLE'S, I JUST DON'T WANT THE TIP FUND, WHICH IS MEANT TO FUND PROJECTS TO THEN FUND THIS AND THEN THE CONSTRUCTION BECAUSE THE COUNCIL MEMBERS CA OR THE BOTTOM GROUP C'S, WELL, WE COULD JUST USE THE CHIP INSTEAD OF
NO INTERMENTAL FUNDS FOR CHIP PROJECTS.
BUT IT IS ELIGIBLE UNDER STATE LAW.
IT IS, IT IS PART OF THE PLAN.
AND IT'S EXPEDIENT AND IT'S NECESSARY LANGUAGE AND I, YOU'LL BE VOTING FOR IT.
HOWEVER, I'M BONDED TIME
IF IT'S NOT ON THERE, I, ILL NOT BE USING FURTHER OFFICE OR CONSTRUCTION FACILITY STAFF.
UM, WHAT'S LEFT IN THE TIP OF THE KITTY, WE HAVE AN UNENCUMBERED CASH BALANCE OF 8.6 MILLION.
SO NET NET SOUTH THE COMMITMENT WE ALREADY HAVE ON VISTA KESTER STEVENS RETAIL PROJECT.
SO THAT PROJECT IS STILL TECHNICALLY UNDER CONSTRUCTION.
WHEN IT'S FINISHED, YOU'LL BE ELIGIBLE TO RECEIVE THE PAYMENT THAT IT'S OWED, WHICH IS FIVE POINT SOMETHING.
UM, SO 8.6 IS OUR UN UNENCUMBERED CASH BALANCE.
YEAH, BUT WE'RE ALSO, WE'LL RECEIVE THE COLLECTION.
YOU, YOU GUYS JUST HEARD THE ANNUAL REPORT, RIGHT? SO WE WILL RECEIVE THE COLLECTION IN JUNE OF THIS YEAR.
AND, UH, OVER THE REMAINING FIVE YEARS OF THIS DISTRICT, UM, YOU KNOW, WE'RE PROJECTING TO COLLECT OVER 30 MILLION OVER THAT LAST FIVE YEARS.
SO THERE'LL BE AN OPPORTUNITY TO COMMIT FUNDS TO ADDITIONAL PROJECTS THE LAST FIVE YEARS.
SO WE'RE PROJECTING LIKE ANOTHER $6 MILLION COMES INTO THE DISTRICT.
JIM
AND YEAH, THE ANNUAL REPORTS JUST GOT LIKE APPROVED.
WE HAVE PRESENTED THEM TO YOU ALL.
THEY JUST GOT APPROVED YESTERDAY.
SO THE COUNTY PARTICIPATES AT 55% UP THROUGH 2028 AND THE CITY PARTICIPATES AT 70% THROUGH 2029.
SO THERE SHOULD BE A HEALTHY STREAM IN REMAINING FEW YEARS.
UM, I HEARD, UH, TWO THINGS THAT I'M INTERESTED IN ALSO.
IT IS A BUMMER TO PAY FULL PRICE.
I KNOW WE ALL UNDERSTAND IT'S COST OF BUSINESS MAYBE, BUT IT, IT'S A BUMMER TO PAY FULL PRICE FOR A BUILDING WE'RE GONNA TAKE DOWN, ESPECIALLY A REMODELED BUILDING.
UM, AND I'M SURE YOU GENIUSLY ALREADY LOOKED AT THIS, BUT THAT EXISTING BUILDING IS ON THIS PERFECT ISLAND WITH THESE OTHER TRASHY BUILDINGS.
UM, HAS THAT BEEN LOOKED AT AS A SITE? BECAUSE IT WOULD BE ALL ONE LITTLE, LITTLE BLOCK.
MAYBE SHE ASKING WHEN WE CONSIDERED SITES WHERE SOME OF THE OTHER PROPERTIES ALSO CONSIDERED THAT WERE ALSO ADJACENT AND THEY WERE THE ONES SURROUNDING YEAH, SURROUNDING THE
YEAH, THERE'S MULTIPLE OWNERS ON THE OTHER PARTS OF THE BLOCK.
AND SO WE PURSUED, THE DECISION WAS MADE TO PURSUE THE SINGLE OWNER FIRST,
[00:35:01]
AND THAT WOULD BE SUFFICIENT THAT WE COULD GET THAT PROPERTY.SO ALL THE OTHER OWNERS ON THE REST OF THE BLOCK, IT'S JUST, IT'S THAT HEAVIER LIFT TO REACH AGREEMENT ON ALL THOSE.
I MEAN, IT'S ONLY TWO OTHER OWNERS, SO THERE'S THREE DIFFERENT PARCELS.
SO, AND THAT'S A LITTLE MORE WORK.
AND WE COULD, THEY WOULD BE HAPPY TO.
I'M SORRY, IT'S 1, 2, 3, 4 PARCELS, BUT ONLY TWO OWNERS.
SO JUST, JUST A THOUGHT, THOUGHT THERE TO PROVIDE BECAUSE IT'S PARTIALLY OCCUPIED.
SO ACQUIRING PROPERTY THAT HAS PRIVATE TENANTS IS VERY CHALLENGING FOR THE CITY.
AND THEN MY NEXT THOUGHT IS, UM, THE SECOND THING I HEARD MY TEAMMATE SAY IS, I MEAN THAT'S A BUMMER TO SEE A, UH, UNOCCUPIED SITE FOR, YOU KNOW, WHO KNOWS THREE PLUS YEARS.
UM, COULD WE MAYBE INCREASE OUR FISCAL PARTICIPATION TO GET A TEMPORARY, UM, LAND PLAY LIKE A LITTLE DOG PARK, VERY SIMPLE AND THE FIRE PEOPLE COULD, THE FIRE, UM, COULD STILL HELP DO THE GRASS ASS, ANYTHING CREATIVE LIKE THAT AS A TRADE OFF? I WANNA
THE PROBLEM IS ONCE YOU COMMIT TO AN INTERIM USE, MAKING IT GO AWAY IS 14 TIMES HARDER IN MY OPINION.
BUT JOHN, YOU GOT THE PART IS BRINGING, IS BUILDING ON, THE HOWARD PART IS BUILDING ON.
SO, HEY, THIS IS OUR PART UNTIL OPENS I'LL, THAT'S FOR THE BOARD TO DECIDE ON A FUTURE DATE.
BUT I MEAN THE, THE VALID QUESTION I JUST, I'M NOT GONNA COMMENT ON HOW STAFF FEELS ABOUT IT MOMENT.
ARE THERE OTHER PARTS IN THAT AREA? NO, THERE'S NOT.
BUT HAROLDSON OPEN PROBABLY ABOUT THE SAME TIME YOU STARTING TO BUILD.
HEY CHIEF, UH, SPEAKING TO HER POINT ABOUT THAT PARCEL OF LAND AFTER IT IS BEING DEMOLISHED, IT CAN BE SITTING VACANT FOR TWO YEARS.
THAT'S 0.8, FOUR ACRES, ALMOST AN ACRE OF LAND.
AND DEPENDING ON HOW MUCH GRASS IS ON IT, THAT'S A LOT OF GRASS FOR THE FIREFIGHTERS TO MAINTAIN EACH WEEK OR HOWEVER THEY MAINTAIN IT.
WE DON'T HAVE A TRACTOR OR A PLOW OR A LAWNMOWER BIG ENOUGH TO CUT THAT GRASS FOR TWO YEARS OR LONGER.
SO, SO HEY
WE, WE DID IT FOR THAT LOT ENFORCE STATION 41 WAS WHEN IT WAS DESTROYED BY THE TORNADO.
BUT UH, HE'S MADE THAT COMMITMENT.
IF WE HAVE TO GET ADDITIONAL EQUIPMENT OVER THERE, LIKE EVERYBODY WORK, HE'LL, HE'LL MAKE, WE'LL MAKE IT HAPPEN.
WE HAD, AND THAT'S A GREAT QUESTION OR COMMENT.
WE HAD EXPLORED THE CONCEPT OF LEAVING THE PARKING LOT AND THE BUILDING FOUNDATION FOR THAT VERY REASON, JUST TO KEEP THE WEEDS UNDER CONTROL.
HOWEVER, WE THEN LEARNED THAT THE PERMITTING AND CODE REQUIREMENTS ARE SUCH THAT YOU CAN'T LEAVE A BUILDING FOUNDATION, UH, EXPOSED.
AND YOU CAN'T LEAVE A PARKING LOT LIKE THAT.
YOU HAVE, IF YOU'RE GONNA DEMO THE BUILDING, BUILDING YOU HAVE TO DEMO EVERYTHING AT ONE TIME.
WE DID EXPLORE THAT AS A POSSIBILITY.
INTERIM USE OF THE DOG PARK STAFF BRINGS US WHAT THOSE COSTS MIGHT BE.
I DON'T KNOW WHAT A DOG PARK WOULD COST.
UM, SO IF THAT'S FOR THE BOARD THAT SORT OUT AND THAT SOUNDS LIKE A GOOD YEAH, THE PROBLEM IS AGAIN, HOW TO MAKE IT GO AWAY OR WHETHER
I THINK THERE'S WAYS TO BE GOOD COMMUNICATORS AND YOU KNOW, THIS LAND IS TEMPORARILY DONATED OR PROVIDED BY THE FIRE DEPARTMENT.
IT'S ALSO GREAT PR FOR THE FUTURE LIKE BOND.
YOU KNOW, WE HOPE WE WE'RE EXCITED TO SEE IN THREE YEARS FROM NOW A BRAND NEW STATION.
UNTIL THEN WE WANNA TAKE CARE OF OUR PUPS AND PEOPLE LIKE IT WOULD BE AN EASY MARKETING COMMUNICATION PLATE WITH, WITH ONE SIGN AT THE ENTRANCE.
THE OTHER ISSUE IS HOW TO FUND IT BECAUSE THE TEMP DISTRICT, UM, YOU KNOW, IT'S A, WE SHOULDN'T BE TEMP PAYING FOR TEMPORARY THINGS, RIGHT? WE, WE ARE SUPPOSED TO BE PAYING FOR CAPITAL IMPROVEMENTS THAT HAVE A USEFUL LIFE OF A REALLY LONG TIME.
SO, UM, IF THERE'S A POSSIBILITY THAT THINGS CAN BE DONATED, YOU KNOW, THAT, I MEAN YOU'D HAVE TO EXPLORE THAT.
[00:40:01]
THE MISSION OF THE TIP IS TO ENHANCE THE REAL ESTATE VALUE.AND NOT, AND, AND NOT WHAT IS THAT FOR FOR YEARS DOG BARK ON.
BUT, UH, IT'S, IT'S TYPICALLY NOT CAPITAL EXPENDITURES ARE THE EXPECTATION BECAUSE OF, YOU KNOW, THAT'S O OTHERWISE WE'D HAVE A SLIPPERY SLOPE.
WE GET MONEY FROM MY PARK DEPARTMENT, I DON'T KNOW GUESS, OR FIRE DEPARTMENT OR WE COULD, WE COULD INCREASE, WE COULD MAYBE INCREASE, UH, SOME MONEY TO THE FIRE DEPARTMENT AND THE FIRE DEPARTMENT PAYS FOR THE DOG PARK.
SO I, I KNOW YOU TALKED ABOUT TEMPORARY AND WE WERE WORRIED ABOUT THE PRICE, PAYING PRICE FOR THIS.
WHAT IS THE PLAN? ALTA, CAN YOU SPEAK A LITTLE LOUDER? NO, SHE'S GOT HER PHONE ON.
I'VE GOT, I I'VE GOT UP ON MY PHONE 'CAUSE I HAD SPEAKER ISSUE.
CAN YOU HEAR ME OKAY? OKAY, LET ME, IT MIGHT BE ON MINE.
LET ME, LET ME TRY TO DO ALL THESE.
OKAY, SO WHAT ARE WE DOING WITH THE, PER THE LAND, ONCE WE HAVE THE NEW FIRE STATION COMPLETE AND THERE'S THE BUILDING, THE OLD BUILDING, ARE WE SELLING THAT? ARE WE DEMOLISHING IT? LIKE WHAT IS THE PLAN THERE? BECAUSE IT ESSENTIALLY, WE COULD RE KEEP OUR COSTS.
IT'S LIKELY GOING TO BE A PARKING LOT WILL BE IN INCORPORATED INTO THE DESIGN OF THE NEW STATION.
SO IT MAY BE PART OF HOW THE, THE VEHICLES ACCESS THE BACK OF THE NEW STATION.
IT, IT'S ALL TBD BASED ON THE DESIGN, BUT WE DON'T INTEND TO SELL IT.
I WAS THINKING ABOUT THE SAME THING AND IF IT WASN'T INCORPORATED AND A SOLD, BUT MONEY SHOULD GO BACK TO
I KNOW THAT, THAT BY THE TIME THAT'S COMPLETED, IT'S PROBABLY PAST OUR, OUR TIF TIMELINE, BUT STILL WELL AND WE PAY FOR IT.
IT'S SOMETHING TO CONSIDER, BUT WE CAN'T, YOU KNOW, WE OBVIOUSLY CAN'T COMMIT TO WHAT HAPPENS TO IT AFTER THE NEW STATION IS DESIGNED.
THERE IS THE, YOU KNOW, THE QUESTION OF WHAT IS INCLUDED IN THE NEW DESIGN AND HOW MUCH WILL FIT ON THE SITE.
UM, THERE ARE PRECEDENT EXAMPLES.
ONLY ONE THAT I CAN THINK OF WHERE, UH, A TIP, A DIFFERENT TIP DISTRICT WAS INVOLVED IN FUNDING A NEW FIRE STATION, CYRUS WATERS.
UM, AND THAT DOES INCLUDE A COMMUNITY ROOM.
UM, BUT THAT WAS A ENTIRELY DIFFERENT SITUATION.
SO WE'LL SEE WHAT CAN FIT IN THE NEW STATION AND IT'LL BE UP TO THEM TO MAKE, UH, DECISIONS ON THAT.
MAY I, UH, ADD SOMETHING I DIDN'T MENTION EARLIER BECAUSE I THOUGHT FOR SURE THE EXISTING BUILDING WAS GONNA TURN INTO PARKING, BUT IF IT DOESN'T, UM, AN IDEA I HAD ORIGINALLY WAS, IT'D BE SO COOL IF THE BUILDING WAS NOT NEEDED FOR PARKING, WHICH IT SOUNDS LIKE IT MAY BE, BUT JUST FOR THE RECORD, IF IT'S NOT, IF THE CITY WOULD, UM, I DON'T KNOW HOW WHATEVER PRICES YOU WOULD LIKE, BUT SEND AN RFP OUT TO THE, THE SMALL DEVELOPMENT COMMUNITY, UM, OR THE, A SMALL BUSINESS COMMUNITY TO GET THE FIREHOUSE REDEVELOPED INTO A, SOME SORT OF FOOD AND BEV CONCEPT STUDIO CONCEPT.
AND THEN THE TIP COULD PARTICIPATE WITH THE, WITH THE TENANT OR THE BUSINESS.
UM, YOU KNOW, GLORIA'S IN BISHOP ARTS IS LITERALLY AN OLD FIREHOUSE.
SO JUST A THOUGHT IF WE DON'T HAVE TO DEMOLISH IT FOR PARKING.
DID YOU HAVE A MOTION? YEAH, IT'S ON THE SLIDE.
SLIDE 12 IS THE REQUESTED MOTIONS.
DOES ANYONE HAVE THE APPRAISAL? I DO.
THE NEGOTIATION, WE'VE REACHED OUT TO ONE THIS PROPERTY OWNER BECAUSE IT'S LIKE THE IDEAL LOT.
[00:45:04]
CAN'T GIVE IT AN EXECUTIVE SESSION OR ANYTHING LIKE THAT.THERE'S, THERE'S NO WAY FOR US TO, UH, I WE DO ONLY BIT IN DEVELOPMENT THAT I SEE A, A GUY WHO SAW THIS PROPERTY 2023.
WE PUT HUNDREDS OF THOUSANDS OF DOLLARS INTO IT.
WHO HAS NO TENANTS, WHO HAS, UH, CONSTRUCTION LOAN THAT PROBABLY WRAPPED IN THIS FIRM OF FINANCING.
UM, THIS, THIS IS THE FI PRICE WE CAN GET FOR WHAT WE NEED.
I I DON'T DENY THIS PROJECT SHOULD HAPPEN.
THIS PURCHASE PRICE IS JUST TIME.
AND I, I UNDERSTAND THAT YOU HAVE A BREAKTHROUGH APPRAISAL THAT SAYS FAIR MARKET TIME GO ALL OVER THE PLACE.
UM, IT MAY NOT BE THE BEST VALUE OF CITY DALLAS.
EVERYTHING ELSE, LIKE THINGS TAKE LONG PROCURE WHEN I'M DOING MY SOFT COST TO HARD COST MAP.
I WASN'T TAKING INTO ACCOUNT CITIES COST TO DO IT.
UM, BUT I I'M JUST NOT, I'M JUST NOT LEFT WITH A SATISFIED FEELING THAT WE'VE GOT THE BEST PRICE FOR BANK.
I THINK THE ONLY THING I'D THAT IS PURCHASING THE OTHER PROPERTIES WOULD PROBABLY BE MORE EXPENSIVE MAYBE.
MIGHT BE MORE EXPENSIVE MAYBE.
BUT I MEAN I THINK, I THINK WE CAN, WE DON'T HAVE TO GUESS.
THERE IS A WAY TO FIND OUT THE ANSWER TO THAT.
AND IF WE'RE NOT GONNA BUILD THIS FOR FOUR YEARS, THEN TAKING A COUPLE MORE MONTHS TO FIGURE OUT THE ANSWER TO THAT QUESTION MIGHT SAVE A MILLION DOLLARS.
AND IF IT DOESN'T, WE'VE LOST TWO MONTHS.
BUT WE KNOW APPROACH THOSE OTHER PROPERTIES.
THERE WERE NO, NO, WE GOT IGNORED.
I, I NOTICED THAT UH, JASON, UH, PROPERTY FIRE STATION WAS
YEAH, WE DON'T HANDLE THE THAT PROCESS.
WE RELY ON ANOTHER DEPARTMENT.
IS THAT DEPARTMENT EVER COME TO BRIEFINGS FOR MEETING TICKETS? NO.
ANY OTHER QUESTIONS? YEAH, WELL I JUST, Y'ALL WERE ASKING ABOUT THOSE PROPERTIES.
THE LARGER PARCEL SOLD IN LAST YEAR FOR SEVEN 18.
AND THE OTHER PARCEL, I DON'T THINK IT'S TRADED AND IT'S WAY TINIER AND THEN THE LAST SOLD IN TWO 14, I'M SORRY, 2 24 FOR 300 FOR ALMOST 400.
SO IT DOES, AGAIN, YOU GUYS ARE THE PROFESSIONALS AND WE ARE SO GRATEFUL FOR THIS PROJECT.
BUT IT WOULD BE NICE TO SEE, YOU KNOW, IF THOSE OWNERS WOULD SELL AND IT WOULD PROBABLY SAVE ONE TO $2 MILLION IN ACQUISITION.
WELL, TO ALSO CONSIDER THE COST OF HAVING TO, THE BEAUTY OF HAVING A SITE NEXT DOOR IS THAT THEY CAN STAY IN THE EXISTING STATION UNTIL THE NEW ONE'S READY TO MOVE IN.
WE TRY TO DO THIS ON THE EXISTING BLOCK.
WE DON'T HAVE THAT LUXURY AND THEY WOULD HAVE TO FIGURE OUT A TEMPORARY LOCATION AND THEN THE COST OF THAT, THAT BE FACTORED IN.
OH YEAH, THAT'S A GREAT POINT.
LOGISTICALLY THEY COULDN'T STAY IN THE EXISTING STATION IF THEY WERE, IF YOU'RE GONNA REBUILD A NEW STATION ON THE BLOCKS WITH THE SURROUNDING SITES ON IT.
WE'RE, SO THEY'VE HAD THAT SITUATION IN RECENT YEARS AND THE COST OF THE TEMPORARY STATION'S NOT, YOU KNOW, WHEN YOU ROLL THAT INTO THE COST, THERE'S NO SAVINGS AND THE
SO ON THE SAME BLOCK THAT IF YOU, IF YOU ARE IN ANY OF THE OTHER VACANT LOTS, WE GLAD DATA WAREHOUSES NOT BLOCK THAT ISSUE.
IN THE WAY THAT WE PROPOSED IT.
THEY CAN STAY IN THERE AND WAIT UNTIL THE NEW ONE IS DONE AND JUST MOVE.
ANY OTHER SCENARIO THEY HAVE INVOLVING THIS CURRENT BLOCK, THEY WOULD HAVE TO FIND A
[00:50:01]
TEMPORARY POTENTIALLY WE MIGHT HAVE TO DOUBLE STACK EQUIP EQUIPMENT AT OTHER NEARBY FIRE STATIONS, BUT THAT'S STILL SEES A SIGNIFICANT RESPONSE DELAY IF WE HAVE THINGS HAPPEN HERE.I THINK ALL THE COMES THAT WERE JUST MADE IS, I MEAN YOU COULD COULD BUY ANOTHER PIECE OF LAND THAT'S NOT NEXT TO IT AND STILL HAVE THE SAME SCENARIO.
SO, UM, YOU COULD STAY WHERE YOU ARE, GET THIS LAND AND THEN MOVE ONCE THAT'S BEEN BUILT.
SO IF YOU'RE GOING TO USE THIS PIECE, I ASSUME IT'S BECAUSE OF ITS PROXIMITY AND IT'S ADJACENT THAT IT MAKES IT MORE ATTRACTIVE.
WILL THE, WILL THE NEW BUILDING ESSENTIALLY TAKE UP THE ENTIRE LOT, WHICH IS WHY YOU WOULD NEED THEN THE OLD, UH, PROPERTY FOR THE PARKING.
IS THAT
BUT IS THAT THE, THE IDEA? YEAH, MORE THAN LIKELY FROM A MASSING STANDPOINT, THE NEW BUILDING WOULD TAKE UP MOST OF THE NEW LOT.
AND I DON'T KNOW IF YOU'RE ON, WHEN I EXPLAINED THE LIKELIHOOD OF ABANDONING THE EVANSTON AVENUE RIGHT OF WAY BEHIND IT AND THEN CONSOLIDATING THAT WITH THE RIGHT OF WAY AND THE EXISTING FIRE STATION SITE ALL AS ONE FOR THE REDEVELOPMENT.
AND I DON'T KNOW IF YOU'RE ON, WE WERE TALKING ABOUT THE TALKING IN TERMS OF RESPONSE TIMES IN THE SERVICE AREA THAT THIS FIRE STATION SERVICES, THEY WANTED TO STAY RIGHT HERE BECAUSE IT IS IDEAL FOR THE SERVICE AREA.
THEY, THEY SERVICE THEY DID DID LOOK AT LOTS OF OTHER SITES, BUT THAT WOULD CHANGE THE RESPONSE TIMES FOR THE SERVICE AREA AND TRYING TO, YOU KNOW, MAKE IT OR DESIGN IT TO UH, BE A PULL THROUGH FIRE STATION, WE'RE, WE'RE NOT HAVING TO BACK OUR APPARATUS BACK INTO THE BASE.
YEAH, I SEE THAT, UH, THAT ENTIRE SPACE THAT WE'RE TRYING TO ACQUIRE WOULD BE NEEDED FOR THAT PARTICULAR DESIGN SO THAT THE EXISTING FIRE STATION, UH, PLOT OF LAND WOULD BE EITHER FOR AN EMPLOYEE PARKING CURRENTLY AT SHIFT CHANGE, WE DON'T EVEN HAVE ENOUGH SPACE IN THAT PARKING LOT FIREFIGHTERS HAVE TO PARK OUT ON THE STREET DURING SHIFT CHANGE.
SO IT'S REALLY A CRAMP STATION.
WOULD Y'ALL JUST DO ME A FAVOR, UM, THIS SAME OWNER OWNS A PLOT WALKING DISTANCE ON THE OTHER SIDE OF SYLVAN AND MAYBE IT'S IMPORTANT IT'S NOT CROSSING SYLVAN, SO JUST SHUT ME UP.
IT'S JUST LAND I'M PRETTY SURE AND IT'S MORE ACREAGE.
IT'S TWO POINT, UH, TWO SEVEN.
SO IT COULD, IF, IF, IF OUR BOARD IS ESSENTIALLY CONCERNED ABOUT PRICE OF ACQUIRING EXISTING BUILDING ALL THE CONCERNS YOU'VE HEARD.
AND AGAIN, I KNOW Y'ALL HAVE ALREADY DONE EVERYTHING, BUT JUST SAME OWNER.
IT'S RIGHT THERE WALKING DISTANCE, MORE SPACE AND MAYBE FOR SOME REASON IT'S NOT GONNA WORK.
WHAT'S THE ADDRESS? UH, 2020 NINTH WILLETTE.
YOU COULD PULL IN THROUGH POLLARD.
YOU COULD PULL THE TRUCKS STRAIGHT IN THERE THROUGH POLLARD AND THEN STRAIGHT OUT, DOWN WILLETTE.
UM, I THINK ACCESS WISE IT WOULD BE EASY.
AND YOU DON'T HAVE TO DECIDE NOW, BUT LOOKING AT IT, BUT IT MAY HAVE BEEN ONE ALREADY EVALUATED.
IS CURRENT THAT DOESN'T PRECLUDE STUDENT LOOKING AT YOUNG? CORRECT.
YEAH, I MEAN WE CAN, WE WILL COMMIT TO EVALUATING THAT.
READY TO MAKE A CONNECTION TO THE CHAIR IF YOU'RE READY TO ACCEPT.
I MAKE A MOTION TO APPROVE FORWARD RECOMMENDATION OF OBSERVABLE TO THE CITY COUNCIL FOR FOLLOWING ONE SHOW.
I WOULD ADD TO EXCEED 7,000,680
TWO DISTRICT FLIES TO SUPPORT FIRE STATION 1 45 RELOCATION REDEVELOPMENT PROJECT SPECIFICALLY INCLUDING THE OF APPROXIMATELY 36,695 SQUARE FEET.
8 4 2 ACRES ROUGHLY FEET LAND ADDRESSED AS 22 22 22 SYL AVENUE PROPERTY, ATION OF THE EXISTING PROPERTY, IMPROVE EVENTS I OF SECURITY, CUSTODY PROPERTY AT THE RESTAURANT.
SERVICE DESIGN SERVICES FOR A NEW FIRE STATION.
1 45 ON THE PROPERTY AND TWO A
[00:55:01]
FINDING THAT THE DEFINITION OF FILES PROJECT IS NECESSARY AND CONVENIENT TO IMPLEMENTATION OF FOR AVENUE PROJECT SECOND.ANYONE ONLINE? I'M NOT SEEING ANYONE ON MUTE.
IT, IT WAS HARD FOR ME TO HEAR THAT.
THAT WAS A MOTION TO APPROVE WHAT'S WRITTEN.
OKAY, WELL HOW CAN WE, AND I, I I WANT TO APPROVE IT, BUT SOMEBODY MENTIONED YOU ALL WERE GONNA LOOK INTO SOMETHING AND SO I DON'T KNOW HOW WE CAN APPROVE IT.
I, I ASKED FOR APPROVING THIS PRECLUDES LOOKING AT ANOTHER OPTION AND DOES NOT.
BUT YOU STILL HAVE DIGGING ME BACK TO THE MOTION.
OH, I WILL ENTERTAIN THE FRIENDLY AMENDMENT TO STAFF WILL GET THE, WHAT WAS THE OTHER END COAST 2120 WILL NORTH WILL SMITH.
IS IT NOT JUST THAT ONE THOUGH? LIKE I CAN GO WALK THAT POINT A HUNDRED DIFFERENT BUILDINGS THAT CARE BIG, RIGHT? LIKE 500 THAT SOMEBODY'S GOTTA BE ABLE TO SELL FOR LESS THAN $5 MILLION.
WELL, I THINK HOOKED IT UP KNOW, BUT LET'S JUST KEEP IT OPEN TOO.
LOOK AT THE PROPERTIES INCLUDING THE 2120.
WELL I THINK PROBABLY THE CORRECT THING TO DO IS SOMEONE TO SECOND IT AND THEN THERE'S DISCUSSION.
SO BEFORE I START DISCUSSION, I I'LL LET US, I CAN WE COUNT BRIAN'S AS A SECOND? IS THAT WHAT HE'S GOING TO DO? I SECOND IF HE DOESN'T OH, OKAY.
DISCUSSION AND FRIENDLY AMENDMENTS.
SO IT'S IN THE EVENT HAS NOT BEEN PURPOSE.
BUT I, I WOULD GLADLY ACCEPT YOU WITH THE DIRECT STAFF TO LOOK AT OTHER PROPERTIES.
AND IF THEY'RE TERRIBLE, THEN WE YEAH.
IS THERE A, A WAY TO SEE, LIKE, WE MADE AN OFFER HERE.
THIS IS THE FIRST OFFER WE MADE.
LIKE WHAT WAS, WHAT WAS THE PROCESS HERE FOR FINDING THESE SPACE? OR WAS IT TRULY LIKE, WE SPENT FIVE MONTHS LOOKING AND WE COULDN'T FIND IT AND THIS WAS THE BEST OPTION? THIS WAS THE OFFER.
WE, WE, WE LOOKED OVER 30 SITES.
WE ONLY, THE, WE, THE REAL ESTATE FOLKS ONLY CONTACTED THE OWNERS OF PROPERTIES AROUND THE EXISTING STATION.
AND THIS OWNER, THIS OWNER WAS THE ONLY ONE WHO WAS WILLING TO ACCEPT AN OFFER.
WE'VE DONE APPRAISALS ON THIS PROBLEM THERE.
YOU LY WANT INCREMENTS, RIGHT? IT'S JUST, I THINK HANG HERE, USE A SIGNIFICANT AMOUNT.
I DOUBT IN THE CITY THAT IS DILIGENCE.
I I'VE NOT SEEN THE DILIGENCE I I WHAT I FACE.
RIGHT? AND I'M NOT A, UH, NOT AN ANTI-GOVERNMENT GUY.
I HAVE A LOT OF FAITH, GOVERNMENT CITY WITH A LOT OF GREAT THINGS.
I'M VERY HESITANT TO, TO TAKE WHAT, WHAT IT LOOKS TO ME AND BE THE FIRST SOFTWARE.
I KNOW IT'S NOT, BUT SOME SORT OF BRIEFING FROM WHOEVER'S RESPONSIBLE FOR REQUIRING PROPERTY, UM, WOULD BE VERY, THAT'S THE ONE PIECE OF INFORMATION MISSING.
UM, NO DOUBT FIRE STATION NEEDS TO BE IMPROVED.
DOUBT FIRE STATION NEEDS TO BE BUILT HUNDRED PERCENT THERE.
UM, I WANT DELTON TO HAVE THE MOST AMOUNT OF MONEY TO DO THE THINGS YOU WANT TO DO WITH THE FIRE STATION.
IF YOU CAN DO A LOT MORE, IF YOU PAY LESS FOR PIECES OF PROPERTY AND IDEALLY IT'S NOT A PIECE OF PROPERTY THAT JUST BECAUSE THEY
[01:00:01]
GET LOCKED THREE YEARS ON A MAJOR THOROUGHFARE IN WEST DALLAS GOING INTOUM, SO THIS IS LIKE THE TOP 5% OF VISIBLY ATTRACTIVE BUILDINGS.
SO THINGS TEAR ON THIS UNTIL FIRE.
I MEAN I THINK ALL A SUDDEN THIS INFORMATION, THEY ALREADY EXIST AND WE CAN BE BACK HERE IN A MONTH TO BE REED ON IT.
AS SOMEONE FROM THE OFFICE OF BUYING PROPERTY COMES HERE, WE DO THIS, WE DO THIS, WE DO THIS, WE DO THIS, WE GO, OKAY, GREAT.
THAT IS THE ONLY PIECE OF INFORMATION I NEED TO JUMP A HUNDRED PERCENT ONBOARD OF THIS.
I CAN LIVE WITH IT BEING A VACANT BOT FOR A LITTLE WHILE.
IT'S NOT THE END DOOR OR, OR NOT MARK.
WE'RE NOT BUT THAT'S JUST, YOU WORK ZERO TIME CRUNCH HERE.
US GIVING US A LOAN FOR TWO MONTHS IS NOT THE SELLER JUST SAID THAT WE DON'T CLOSE IN APRIL.
WITH THAT, WE WERE TOLD DAVE GOLD WOULD BE EXPECT.
I MEAN I DON'T KNOW HOW, I DON'T KNOW HOW WORK FROM CITY MOBILE REAL ESTATE BE 30 DAYS.
DO YOU THINK IT'S ANY, THE CITY? NO.
CII BELIEVE SIX 30 DAYS MIGHT BE A LITTLE BIT FAST.
BUT YOU'RE ALREADY TWO MONTHS IN DILIGENCE.
LET'S HOW, HOW LONG YOU TAKE TO CLOSE THAT PIECE OF PROPERTY LIKE THIS, HOW LONG WOULD IT TAKE TO DO WHAT TOOK FROM SIGNING A PSA TO DILIGENCE TO CLOSING, UNDERSTANDING THAT IF WE'RE DOING APPLE STORAGE, LIKE PRIVATE DEVELOP VERSUS CITY ALL THAT.
30 TO 60 DAYS TO CLOSE ON THIS.
YEAH, IT'S GONNA BE PRETTY SIMPLE.
'CAUSE THERE'S NO, WELL I DON'T KNOW.
THE CITY SIDE WAS LIKE MOVING THE FUNDS, BUT THERE'S NO LOAN.
30 TO 60 DAYS CLOSING WOULD BE WHAT I WOULD THINK.
MEAN I'LL COME BACK HERE NEXT WEEK AND IF THE INFORMATION ALREADY EXISTS, IT'S LIKE
IT'S ALSO AN UNOCCUPIED BUILDING.
I KNOW HE'S PUTTING THE, THE FIRE ON Y'ALL.
BUT IF Y'ALL, IF IF, IF ECO DEV DEALS AT ALL INSPIRED TO CALL HIS BLUFF, I THINK THAT'S SAFE TO DO.
AGAIN, THE OFFICE OF ECONOMIC DEVELOPMENT IS THE FACILITATOR OF THIS PROJECT.
THE REQUESTING DEPARTMENT IS DALLAS FIRE RESCUE AND THERE'S OTHER DEPARTMENTS WITHIN THE CITY WHO ARE DOING PARTS OF THIS PROCESS.
SO ALSO YOU HAVE TO UNDERSTAND THE, THE LIMITED GOAL WE HAVE IN THE PROCESS.
I THINK, AND CORRECT ME IF I'M WRONG, WE CAN'T PAY LESS THAN THE ASSESSED VALUE ANYWAY.
WE CAN'T MORE SO THAT'S A MASS.
IT'S NOT LIKE YOU CAN COME BACK TO US LATER WITH THE MORE
AND THERE WAS, I'M AWARE OF NEGOTIATION.
THE SELLER DID ASK FOR MUCH MORE THAN THIS.
SO WE, WE'VE ARRIVED AT THE FAIR MARKET VALUE YOU WOULD'VE OFFERED MUCH LESS.
ANY FURTHER DETAILS ON THE NEGOTIATION WOULD'VE TO BE DONE IN THE EXECUTIVE MOTION IN A SECOND.
THERE'S NO WAS MADE OFF NOVEMBER.
ARE WE WANTING TO SEE SOMETHING HERE? SURE.
THERE'S NO, I DIDN'T WANNA ADMIT THIS.
IF YOU WANT TWO WEEKS, I, I DON'T WANT TO AMENDING THIS DOESN'T BRING US BACK HERE IN TWO WEEKS.
THIS APPROVES IT AND THEY CAN MOVE FORWARD SUBJECT TO REQUIRING THEY LOOK AT OTHER PROPERTIES.
[01:05:01]
THAT'S WHAT I'M TALKING THE AMENDMENT TO.LOOK AT OTHER PROPERTIES THAT'S NOT EXIST.
SECOND, IT HAS TO BE VOTED ON AND DISPOSED OF.
IF IT FAILS, THEN THE, AN ALTERNATIVE MOTION CAN BE MADE.
BUT, OR THERE CAN BE A FRIENDLY EVENT.
WOULD YOU LIKE TO MAKE IT? NO.
AND IT'S, AND ASK THAT WE COME BACK A COUPLE OF WEEKS, WHATEVER.
BUT I'LL, I'LL CALL FOR VOTE THE PRESENTING OFFICER.
ONLINE, CAN YOU SHOW OF HANDS IF YOU'RE IN FAVOR? BOARD MEMBERS
I'M SORRY, MY SCREEN WAS, MY SCREEN WAS FREEZING.
I SEE MY CHAOS LOOKS EVERYBODY.
ALL, EVERYONE ALL LINE VOTING.
AND WHAT WAS THE VOTE? FOLKS IN THE ROOM DAYS? YES.
I DECLARE THE MOTIONS PASSED WITH TWO 17 VOTES.